Answer:
True
Explanation:
A public limited company can pay cash dividends to its shareholders for their contribution to the company. Therefore, the statement "West Company paid cash for dividend" is correct.
No other form of organization cannot pay dividends. They can pay a share of profit or extra benefits. Only in the corporation, especially in public limited, shareholders are given a cash dividend by its management body.
Answer:
a. Utilities Expense 500
Cash 500
Explanation:
Given: Consulting immediately paid $500 cash for utilities.
As $500 cash been paid for utility expenses.
We know the golden rule of accounting transaction:
- Personal accounts: Debit the receiver, credit the giver.
- Impersonal real account: Debit what comes in, credit what goes out.
- Impersonal Nominal account: Debit all expenses and losses, credit all profit and gains.
Paid for utility expense of firm is not the personal account, however, it is impersonal account. In the given case, cash is going out of business.
Therefore, Debit all expense and losses and credit what goes out of business.
Journal Entry of the transaction:
Debit utility expenses account--- $500
Credit cash account--- $500
Answer:
Gordon and Hi-Tech Solutions
Under these circumstances, Gordon is entitled to reasonable accommodations, which his employer can offer him, under the ADA. The accommodations may involve assigning him to work that may not require the use of a keyboard to type and ensuring that he does not lose his position as a result of his physical condition.
Explanation:
Protections are offered to workers like Gordon who develop physical or mental disabilities prior to and during employment under the Americans with Disabilities Act. It attempts to ensure that Americans with disabilities are not put to disadvantage or out of employment because of their disabilities. Instead, reasonable accommodations are offered to such workers to ensure that they can continue to earn a living.
Answer:
$2.51 per unit
Explanation:
The computation of the cost per equivalent unit is shown below:
But before that the equivalent units is to be computed
Equivalent units = units completed + equivalents units in ending inventory
= 8,400 units + (13,200 units × 42%)
= 13,944 units
Now
Cost per equivalent unit = cost incurred ÷ equivalent units
= $34,980 ÷ 13,944 units
= $2.51 per unit
Starbucks uses a product development strategy when it announced the release of the single-serve coffee maker in its outlets at the United States. This is because they plan to offer a new product, which is an improvement to the existing coffee maker devices in the U.S. market.
